Newspaper article The Evening Standard (London, England)

Labour: Switch Housing Benefit to Build Homes

Newspaper article The Evening Standard (London, England)

Labour: Switch Housing Benefit to Build Homes

Article excerpt

Byline: Joe Murphy Political Editor

A RADICAL plan to divert billions of pounds from housing benefit into a major housebuilding scheme are being drawn up by Labour, the party's work and pensions spokesman said today.

Liam Byrne signalled the policy in an exclusive interview with the Standard. The Labour moderniser said that ballooning sums of taxpayer money paid in rent subsidies could be better spent on "increasing the amount of homes there are for people to go to".

The shadow work and pensions secretary added: "Billions are spent with private landlords yet we ask nothing in return. We are spending [pounds sterling]24 billion on housing benefit but hardly building any houses. No wonder rents are soaring. We simply cannot go on like this."

A report last year by the Institute for Public Policy Research said taxpayers spent [pounds sterling]19 on rent subsidy for every [pounds sterling]1 the Government puts into building houses. It suggested phasing out housing benefit and using the cash to award affordable housing grants to local authorities. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.